M&A
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FastPay has acquired AnchorOps in a deal that brings together two businesses focused on media financing. FastPay’s model revolves around lending money to digital media companies, helping them deal with cashflow issues as they wait to get paid by advertisers. AnchorOps, meanwhile, has built invoicing and payments software for those media companies. In the acquisition announcement, CEO… Read More
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Uber, SpaceX and Stripe rely on Solium to keep track of all their shareholders and stock plans; 10,000 smaller startups turn to Capshare for more streamlined equity software that’s not clumsy like spreadsheets. Now Solium is buying out Capshare and letting it run independently, so together they can handle shareholder management from inception to IPO. Read More
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AMP — Google’s collaborative project to speed up the loading time for mobile web pages — is getting an interesting acceleration of its own today. Relay Media, a company founded by an ex-Googler that had developed technology to help covert web pages to the AMP format, has been acquired by Google. Read More
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Boston-based private equity shop Berkshire Partners announced this afternoon that it is acquiring Accela — a nearly 20 year old startup that sells regulatory management solutions to government clients. Accela has gone through a troika of CEOs in the last year. Previously acting CEO Mark Jung replaced Maury Blackman last October who had managed the company for about a decade. We… Read More
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Google Cloud announced today that it has acquired Bitium, a company that focused on offering enterprise-grade identity management and access tools, such as single-sign on, for cloud-based applications. This will basically help Google better manage enterprise cloud customer implementation across an organization, including doing things like setting security levels and access policies for… Read More
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HTC on Friday basically sold a huge portion of itself to Google, which is clearly hoping to use the company’s talent for hardware in its own push for self-branded devices. It’s the end of an era for a major company that has been a friend to Google and Android for a decade — perfect timing for a little retrospective on HTC’s many and varied devices. Read More
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Western Digital has today announced that it purchased Upthere for an undisclosed amount. Upthere had previously raised $77 million from an impressive list of investors, with KPCB and Western Digital Ventures leading the round. Upthere wants you to think of its service as the canonical location where your data lives. It’s available for OS X/MacOS, Windows, Android and iOS. Read More
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